The Paradox of the Efficient Market Hypothesis (EMH)
7 Pages Posted: 12 Jan 2015 Last revised: 7 Dec 2019
Date Written: April 22, 2014
This paper delineates the two opposing views that have been debated in finance: are securities appropriately priced for the day, or is there a period that favors the value investor to gain profits on undervalued companies? Can it be possible that there is relevant evidence to support both sides to help the "open-minded" investor?
Keywords: Efficient Market Hypothesis, finance, corporate finance, value investing, growth investing, investments, theory, financial theory
Suggested Citation: Suggested Citation